New Chapter 11 Bankruptcy Filing - PLx Pharma Inc. ($PXLP)

On April 13, 2023, NJ-based PLx Pharma Inc. ($PLXP) and PLx Opco Inc. (the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Walrath). The debtors — commercial-stage drug delivery companies — have two FDA-approved products, VAZALORE (81mg) and VAZALORE (325mg) which are liquid-filled aspirin capsules for over-the-counter di…